Key Points
- CFO Kyle Sauers sold 160,067 shares on January 8 at an average price of $19.07 for about $3.05 million, reducing his stake by 19.44% to 663,306 shares valued at roughly $12.65 million.
- Rush Street Interactive beat quarterly EPS estimates ($0.09 vs. $0.07) and reported revenue of $277.91 million, up 19.7% year‑over‑year, while analysts hold an average rating of "Moderate Buy" with a $21.25 target.
- The stock opened at $19.17, with a market cap of $4.4 billion, a P/E of 76.68, and a 52‑week range of $9.54 to $22.65.
Rush Street Interactive, Inc. (NYSE:RSI - Get Free Report) CFO Kyle Sauers sold 160,067 shares of the firm's stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $19.07, for a total value of $3,052,477.69. Following the sale, the chief financial officer directly owned 663,306 shares of the company's stock, valued at $12,649,245.42. This represents a 19.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Rush Street Interactive Stock Up 3.5%
Shares of RSI stock opened at $19.17 on Friday. The firm has a 50 day moving average of $18.40 and a 200-day moving average of $18.51. The company has a market cap of $4.40 billion, a price-to-earnings ratio of 76.68 and a beta of 1.57. Rush Street Interactive, Inc. has a 52 week low of $9.54 and a 52 week high of $22.65.
Rush Street Interactive (NYSE:RSI - Get Free Report) last issued its earnings results on Wednesday, October 29th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.02. Rush Street Interactive had a net margin of 2.83% and a return on equity of 17.11%. The business had revenue of $277.91 million for the quarter, compared to analyst estimates of $264.60 million. During the same period in the prior year, the firm earned $0.05 earnings per share. Rush Street Interactive's revenue was up 19.7% on a year-over-year basis. Analysts anticipate that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on RSI shares. Craig Hallum reaffirmed a "buy" rating on shares of Rush Street Interactive in a research note on Tuesday, December 9th. Oppenheimer restated an "outperform" rating and set a $24.00 price objective on shares of Rush Street Interactive in a report on Thursday, October 30th. Zacks Research lowered Rush Street Interactive from a "strong-buy" rating to a "hold" rating in a research report on Monday, December 29th. Susquehanna lifted their price target on shares of Rush Street Interactive from $22.00 to $23.00 and gave the company a "positive" rating in a research report on Tuesday, December 16th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Rush Street Interactive from $16.00 to $18.00 and gave the company a "neutral" rating in a research note on Thursday, October 16th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $21.25.
Read Our Latest Report on RSI
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of RSI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Rush Street Interactive by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,163 shares of the company's stock worth $484,000 after buying an additional 1,893 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Rush Street Interactive by 18.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 689,701 shares of the company's stock worth $7,394,000 after acquiring an additional 109,366 shares during the last quarter. Caxton Associates LLP purchased a new position in Rush Street Interactive during the 1st quarter worth $731,000. Strs Ohio bought a new stake in shares of Rush Street Interactive in the 1st quarter worth $589,000. Finally, Rhumbline Advisers grew its stake in shares of Rush Street Interactive by 4.6% in the 1st quarter. Rhumbline Advisers now owns 108,193 shares of the company's stock worth $1,160,000 after acquiring an additional 4,767 shares in the last quarter. Institutional investors own 24.78% of the company's stock.
Rush Street Interactive Company Profile
(
Get Free Report)
Rush Street Interactive (NYSE: RSI) is a digital gaming and sports betting company that develops and operates online wagering platforms in regulated markets. As a subsidiary of Rush Street Gaming, the company specializes in delivering interactive casino games, live dealer experiences, and sports betting services through desktop and mobile applications. Its technology infrastructure is designed to support real-time wagering, secure transactions, and responsible gaming tools across multiple jurisdictions.
The company’s flagship brand, BetRivers, offers a range of casino titles—including slots, table games, and virtual sports—alongside a comprehensive sportsbook featuring pre-game and in-play betting markets.
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